chowyonghan Author

First twenty employees are all entrepreneurs

(Excerpt from The Star Principle by Richard Koch) Unless a business remains essentially the vehicle of the founder – and usually therefore very small – its business idea and character derive from the...

February 18, 2020| People Read More

Your Investing Return Is Highly Dependent On When You Were Born

(Extracted from When You Were Born > Everything Else by Michael Batnick) What is the most important factor behind one’s investing experience? Is it their ability to analyze a business, their temperament, or their...

February 14, 2020| Investing Read More

Conflicts with business partners are too common

(Extracted from Buy then Build by Walker Deibel) As a longtime member of the Entrepreneur’s Organization, I can share that a large number of issues entrepreneurs have relate to working through conflicts with a...

February 14, 2020| People Read More

Brainstorm with 15 people and make decisions with 5

(Extracted from The Economist 25 Jan 2020; Bartley column titled The Number of the Best) Dunbar observes that humans tend to have five intimate friends, 15 or so good friends, around 50 social friends and 150-odd...

January 30, 2020| Dunbar’s Number Read More

You are more open to learning if you assume you are below-average

(Excerpt from Hell Yeah! or Hell No! By Sam Kyle) Ninety-six percent of cancer patients claim to be in better health than the average cancer patient. Ninety-four percent of professors say they are better-than-average...

January 28, 2020| Inversion, Overconfidence Bias Read More

Erroneously thinking your customers don’t respond to pushy salesy message

(Extracted from No B. S. Direct Marketing by Dan Kennedy) I know that sales and subtlety rarely go hand in hand. I often find myself helping clients get over emotional hang-ups about this, the most common having to do...

January 23, 2020| Sales Read More

Is It Better to Overestimate or Underestimate Yourself?

(Excerpt from Motherfucking Monday on 20 Jan 20 by Mark Manson) We all have a tendency to overestimate ourselves and our abilities and this often causes a lot of unnecessary pain. A huge part of self-awareness is the...

January 23, 2020| Ego, Life, Yin Yang Read More

Winning creates great culture, not the other way round

(Extracted from What I Believe Least by Morgan Housel) I believe companies can create amazing work cultures with intentional perks, autonomy, transparency, and mission. But it’s one of the things I believe least,...

January 19, 2020| People Read More

United States geographical advantage

(Extracted from What I Believe Least by Morgan Housel) I believe past performance is not an indicator of future returns. Markets change, history surprises, and performance is cyclical. But it’s one of the things I...

January 19, 2020| World Read More

Branding should be a byproduct of direct marketing for small businesses

(Extracted from No B. S. Direct Marketing by Dan Kennedy) I am not opposed to brand-building. I am opposed to paying for brand-building. … Brand power can be acquired as a no-cost byproduct of profitable...

January 19, 2020| Marketing Read More

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